Day: July 14, 2023

In recent developments, the value of the British Pound in Nigeria's black market has increased, with the exchange rate reaching N1055.8/£1. This marks a slight rise from the previous rate...

The Nigeria Electricity Regulatory Commission (NERC) has taken steps to approve an increase in electricity tariff by the Distribution Companies (DISCOs) in Nigeria. In a public notice, NERC has invited...

The Central Bank of Nigeria (CBN) has announced the revision of tenure limits for executive directors (ED), deputy managing directors (DMD), and managing directors (MD) of banks and bank holding...

Wema Bank has recently informed its customers that it has introduced a monthly limit of $500 for international spending conducted through its naira cards, according to a note sent out...

Access Bank Plc has entered into an agreement to acquire the sub-Saharan subsidiaries of Standard Chartered Bank, marking a significant development in the banking sector. Under the acquisition deal, Standard...